Project Funds Analysis & Cash-Flow Management

The following is a summary list of the topics addressed in this hands-on training program:
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  • Comparison & Contrast of Contract Types
      - Lump Sum
    - Agency CM
      - CM w/GMP - Design-Build
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  • General Principles of Contracts
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  • Reasonable Expectations
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  • Key Principles of Construction Contracts
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  • Key Construction Contract Clauses
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  • Exculpatory Clauses
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  • Application of Construction Contracts
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  • Rules of Ambiguities & Interpretation
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  • Contract vs. Contact: The hole is dug – Don’t fall in it
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  • The Owner: (11) Responsibilities
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  • The Architect: (10) Responsibilities
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  • The Constructor: (13) Responsibilities
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  • Time & Money: Progress Schedules & the Schedule of Values
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  • Use & Misuse of Progress Schedules
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  • Project Funds Management
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  • Project Warranties
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  • Subcontractor and Third-Party Considerations
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  • Managing Substantial & Final Completion